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GE Awarded $158M Navy Aircraft Engine Support Contract

General Electric’s (NYSE: GE) aviation business has received a potential $157.7M contract to provide holistic engine support for T64 engines used to power U.S. Navy aircraft.

The Defense Logistics Agency awarded the fixed-price prospective redetermination and requirements contract that has base period of five and a half years along with one five-year option, the Department of Defense said Wednesday.

GE Aviation will perform work at a company facility in Massachusetts through June 6, 2024.

DLA will use defense working capital funds for fiscal year 2019 through fiscal 2024 on the sole-source procurement.

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